Common use of General Insurance Requirement Clause in Contracts

General Insurance Requirement. Throughout the term of this Agreement, or during such period as the Parties shall agree in writing, Company shall maintain, and shall cause each Sublicensee to maintain, in full force and effect commercial general liability (CGL) insurance, with single claim limits consistent with industry standards. Such insurance policy will include coverage for claims that may be asserted by University against Company under section 10.2 “Company’s Indemnification”. Such insurance policy must name the Board of Regents of the University of Washington as an additional insured and will require the insurer to deliver written notice to University at the address set forth in Article 21 “Notices” of this Agreement, at least 45 days prior to the termination of the policy. Company shall deliver to University a copy of the certificate of insurance for such policy.

Appears in 5 contracts

Samples: Exclusive Patent License Agreement (Solid Biosciences Inc.), Exclusive Patent License Agreement, Research Collaboration and License Agreement (Adaptimmune Therapeutics PLC)

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General Insurance Requirement. Throughout the term of this Agreement, or during such period as the Parties shall agree in writing, Company shall maintain, and shall cause each Sublicensee to maintain, in full force and effect commercial general liability (CGL) insurance, with single claim limits consistent with industry standards. Such insurance policy will include coverage for claims that may be asserted by University against Company under section 10.2 6.2 “Company’s Indemnification”. Such insurance policy must name the Board of Regents of the University of Washington as an additional insured and will require the insurer to deliver written notice to University at the address set forth in Article 21 11.4 “Notices” of this Agreement, at least 45 days prior to the termination of the policy. Company shall deliver to University a copy of the certificate of insurance for such policy.

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Adaptimmune Therapeutics PLC), Research Collaboration and License Agreement (Adaptimmune Therapeutics PLC)

General Insurance Requirement. Throughout the term of this Agreement, or during such period as the Parties shall will agree in writing, Company shall will maintain, and shall cause each Sublicensee to maintain, in full force and effect commercial general liability (CGL) insurance and product liability insurance, with single claim limits consistent with industry standards. Such insurance policy will include coverage for claims that may be asserted by University against Company under section Section 10.2 “Company’s Indemnification”. Such insurance policy must will name the Board of Regents of the University of Washington as an additional insured and will require the insurer to deliver written notice to University at the address set forth in Article 21 Section 13.9 “Notices” of this Agreement, at least 45 thirty (30) days prior to the termination of the policy. Company shall will deliver to University a copy of the certificate of insurance for such policy.

Appears in 1 contract

Samples: Exclusive License Agreement (Akoya Biosciences, Inc.)

General Insurance Requirement. Throughout the term of this Agreement, or during such period as the Parties shall will agree in writing, Company shall maintain, and shall cause each Sublicensee to maintain, in will maintain full force and effect commercial general liability (CGL) insurance and product liability insurance, with single claim limits consistent with industry standardsat an amount customary to Company’s business for activities and/or products of a similar nature. Such insurance policy will include coverage for claims that may be asserted by University against Company under section Section 10.2 “Company’s (Indemnification). Such insurance policy must will name the Board of Regents of the University of Washington as an additional insured and will require the insurer to deliver written notice to University at the address set forth in Article 21 “Section 13.10 (Notices” of this Agreement), at least 45 30 days prior to the termination of the policy. Company shall will deliver to University a copy of the certificate of insurance for such policy.

Appears in 1 contract

Samples: Exclusive License Agreement

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General Insurance Requirement. Throughout the term of this Agreement, or during such period as the Parties shall agree in writing, Company shall maintain, and shall cause each Sublicensee to maintain, in full force and effect commercial general liability (CGL) insurance, with single claim limits consistent with industry standards. Such insurance policy will include coverage for claims that may be asserted by University against Company under section 10.2 "Company’s 's Indemnification". Such insurance policy must name the Board of Regents of the ofthe University of Washington as an additional insured and will require the insurer to deliver written notice to University at the address set forth in Article 21 "Notices" of this Agreement, at least 45 days prior to the termination of the policy. Company shall deliver to University a copy of the certificate of insurance for such policy.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (HyperSciences, Inc.)

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